DAMAC TOWERS in Business Bay, Dubai, UAE № 46787

2151
DAMAC TOWERS in Business Bay, Dubai, UAE № 46787
ID46787

DAMAC TOWERS Development description

The DAMAC Towers by Paramount Hotels & Resorts residential complex is an exclusive project in Business Bay. It was created by the developer DAMAC Properties and the American film company Paramount Pictures hotel chain If you plan to buy an apartment in a new building in Dubai, this complex is a perfect option.

Description

The developer DAMAC Properties began construction of DAMAC Towers by Paramount residential complex in Dubai in 2013. The complex was put into operation in the third quarter of 2019.

The complex has 4 separate buildings - Paramount Towers A, B, C, and D.

Each of the 4 towers reaches a height of 270 meters and has 68 floors. Real estate in DAMAC Towers by Paramount in Dubai is for sale and rent in 3 towers. A total of 1,200 apartments are sold with laconic interiors inspired by Paramount’s iconic films. Apartments in the DAMAC Towers by Paramount residential complex offer residents a panoramic view of the city and individualized service.

There is a hotel with first-class service and many amenities in the fourth tower including a stunning swimming pool, a huge terrace, and panoramic views from the windows.

Architecture, style, and design

The DAMAC Towers by Paramount is a new building in Business Bay, in Dubai, UAE. It’s unique for its scale and style. It combines California coolness with Hollywood chic through illuminated glass panels.

The project’s architect is KEO.

TAV Construction did the main construction work and Conin Incorporated consultants did the piling. The 4 ultra-high skyscrapers are on a common podium. Apartments in 3 of the buildings are serviced by DAMAC Maison, and the fourth is Paramount Hotel Dubai - a combination of a hotel and hotel apartments. The developer’s prices for housing in DAMAC Towers by Paramount start from $217,535 (¥1,379,128).

The elegant décor is inspired by the Paramount style and reflects an atmosphere of the cinema’s iconic films. To buy an apartment in a new building in DAMAC Towers by Paramount in Dubai means making a potentially profitable investment in a sought-after property that is highly valued all over the world.

The elite residential complex DAMAC Towers by Paramount offers guests and residents access to restaurants, a spa area or admire Dubai’s beautiful night views.

Features

The complex residents can visit nearby malls like Dubai Mall, Mall of the Emirates, and Ibn Battuta that are 11, 19 and 28 minutes away, respectively. The pedestrian street The Walk JBR is a 28-minute drive away. There are many shops, cozy cafés, and a lot of other places to spend your time within walking distance from the complex.

The complex is a 45-minute drive from Al Maktoum International Airport. Dubai International Airport is closer – a 23-minute drive away.

This and other luxury properties in Dubai are listed on the Emirates.Estate website. For more information about the property, please contact our managers today.

Location

Location
  • Near public transportation
  • Close to shopping malls
  • Near metro
  • Metro access
  • Near Mosque

Features

Equipment and Appliances
  • Air Conditioners
Kitchen
  • Fully fitted kitchen

Indoor facilities

Food and drinks
  • Cafe
  • Dining in building
Staff
  • Dry Cleaning

Outdoor features

Security
  • CCTV
Children facilities
  • Children's playground
  • Children's pool

Distance to metro

Burj Khalifa/Dubai Mall
2800m
Business Bay
3200m
Financial Centre
3200m
Dubai - Statistics
Choose a city for comparison
Compare
ParametersDubai
Rent Per Month
Apartment (1 bedroom) in City Centre8 016.62 AED
Apartment (1 bedroom) Outside of Centre4 845.92 AED
Apartment (3 bedrooms) in City Centre15 367.45 AED
Apartment (3 bedrooms) Outside of Centre10 537.42 AED
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre19 448.36 AED
Price per Square Meter to Buy Apartment Outside of Centre10 694.73 AED
Choose a city for comparison
Compare
ParametersDubai
Crime Index16.20
Cost of Living and Rent Index58.31
Purchasing Power Index114.91
Property Price to Income Ratio5.03
Safety Index83.80
Traffic CO₂ Index8147.60
Traffic Inefficiency Index264.68
Rent Index53.56
Health Care Index69.05
Groceries Index46.82
Pollution Index49.34
Traffic Commute Time Index37.01
Restaurant Price Index61.51
Climate Index50.27
Cost of Living Index62.61
Quality of Life Index169.56
Traffic Index173.48
Choose a city for comparison
Compare
ParametersDubai
Restaurants
Meal, Inexpensive Restaurant40.00 AED
Meal for 2 People, Mid-range Restaurant, Three-course300.00 AED
McMeal at McDonalds (or Equivalent Combo Meal)35.00 AED
Domestic Beer (0.5 liter draught)45.00 AED
Imported Beer (0.33 liter bottle)50.00 AED
Coke/Pepsi (0.33 liter bottle)4.16 AED
Water (0.33 liter bottle) 2.79 AED
Cappuccino (regular)21.53 AED
Markets
Milk (regular), (1 liter)7.50 AED
Loaf of Fresh White Bread (500g)5.96 AED
Eggs (regular) (12)11.59 AED
Local Cheese (1kg)40.60 AED
Water (1.5 liter bottle)2.32 AED
Bottle of Wine (Mid-Range)57.50 AED
Domestic Beer (0.5 liter bottle)11.67 AED
Imported Beer (0.33 liter bottle)19.19 AED
Cigarettes 20 Pack (Marlboro)23.00 AED
Apples (1kg)8.50 AED
Chicken Fillets (1kg)30.58 AED
Oranges (1kg)6.86 AED
Potato (1kg)3.77 AED
Lettuce (1 head)6.17 AED
Rice (white), (1kg)8.28 AED
Tomato (1kg)6.06 AED
Banana (1kg)7.19 AED
Onion (1kg)4.12 AED
Beef Round (1kg) (or Equivalent Back Leg Red Meat)35.08 AED
Transportation
One-way Ticket (Local Transport)6.50 AED
Monthly Pass (Regular Price)300.00 AED
Gasoline (1 liter)3.06 AED
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)150 000.00 AED
Taxi Start (Normal Tariff)12.00 AED
Taxi 1km (Normal Tariff)3.00 AED
Taxi 1hour Waiting (Normal Tariff)30.00 AED
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)83 765.52 AED
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment758.85 AED
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)352.63 AED
220.96 AED
Salaries And Financing
Average Monthly Net Salary (After Tax)14 989.98 AED
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate5.18
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult329.46 AED
Tennis Court Rent (1 Hour on Weekend)177.12 AED
Cinema, International Release, 1 Seat50.00 AED
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)238.29 AED
1 Summer Dress in a Chain Store (Zara, H&M, ...)221.25 AED
1 Pair of Nike Running Shoes (Mid-Range)368.59 AED
1 Pair of Men Leather Business Shoes364.74 AED
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child2 730.53 AED
International Primary School, Yearly for 1 Child53 789.47 AED
Data are provided by Numbeo.com and are based on its users survey. Emirates.estate can not guarantee the validity of these data.

Layouts in DAMAC TOWERS

Block
Studio Studio
min. 44 m²
850 000 - 1 150 000 AED
1 bedroom 1 bedroom
min. 97 m²
1 299 888 AED
2 bedrooms 2 bedrooms
min. 150.41 m²
2 836 000 AED
3 bedrooms 3 bedrooms
min. 161.93 m²
3 087 000 - 3 486 262 AED

Apartments and flats in DAMAC TOWERS

From the developer

Sort by

Video

Reviews

Leave your review about this project
Airport
9.2 km
City center
2.9 km
Beach
5.6 km
Hospital
1.9 km
Marina
500 m
Mall
1.5 km
Contact the seller
Contact me via
DevelopmentDAMAC TOWERS
CityDubai
DistrictBusiness Bay
Address57PR+HR - Business Bay - Dubai - UAE
TypeDevelopment
RoomsStudio, 1, 2, 3
Living space44 m²
max. 162.16 m²
  • sq. ft
To sea6 km
Completion dateIV quarter, 2018